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i dare you to come to michigan. stuart: i have been to michigan. i have seen it. stuart: apparently rise or close. stuart: they were not. blinded by -- [talking over each other] >> please come back. stuart: a pleasure, thanks very much. the judge is here. [talking over each other] judge napolitano: your patience and diligence in attempting to interrogate somebody who didn't want to answer your questions. stuart: what about this right. you heard what the mayor was saying. make your comment. judge napolitano: writes don't come from the constitution. the constitution does make congress shall grant freedom of speech but shall not interfere with freedom of speech. a right comes for marriage humanity. the constitution restrain the government from interfering with our rights. do we have a natural right to associate? we do and that right is protected in the constitution. do we have the right not to associate? we do and that right is protected in the constitution so if people want to form a labor union they are free to do so it has protected and given us aspect of our live
i dare you to come to michigan. stuart: i have been to michigan. i have seen it. stuart: apparently rise or close. stuart: they were not. blinded by -- [talking over each other] >> please come back. stuart: a pleasure, thanks very much. the judge is here. [talking over each other] judge napolitano: your patience and diligence in attempting to interrogate somebody who didn't want to answer your questions. stuart: what about this right. you heard what the mayor was saying. make your...
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jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of wisconsin, and father of mitt romney. the large group of protesters are trying to get into the crowd and see. they have essentially ringed the entrance of the building trying to make their voices heard. they feel very frustrated. they feel this had passed in a lame duck session without the opportunity for there to be more debate about it. that is their feeling. at this point you mentioned a little bit of white you could call it violence. nothing serious at this point, but we want to keep an eye on this because there are lots of folks, pretty hard to believe michigan
jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of...
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connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, you know, is it over, is the tide turni
connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in...
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we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monumental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizations to join and what they don't want to join. we know there were clashes. we know people demonstrated inappropriately, but good stories as well. cleanup happening on the lawn by the demonstrators, but the point is throughout it all, we have to keep focus on people going to work every day to literally build our state. tracy: right, because now it's easier to woo companies into michigan to bring jobs; right? the states like south carolina, alabama, texas, have seen a boom in companies coming to work there because, well, it's easier, and it's cheaper african-american they don't have to -- and they don't have to deal with the unions. >> two policy conversations that happened, and then there was the political. the democrats and union bosses focused on th
we have a michigan republican controlled legislature right now. is that why you dove into this now while you could? >> tracy, thanks for joining us. this is a monumental night because it's a monumental win for michigan's workers. we kept the focus on the workers, their freedom to choose which organizations to join and what they don't want to join. we know there were clashes. we know people demonstrated inappropriately, but good stories as well. cleanup happening on the lawn by the...
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melissa: union anger explodes in michigan. the state passes right-to-work law, dealing a huge punch to union power. but they are not going down without aight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top mketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed d
melissa: union anger explodes in michigan. the state passes right-to-work law, dealing a huge punch to union power. but they are not going down without aight. the economic fault lines could spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million...
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we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3 woman came on national tv and said, president obama, we all voted for you. it is time to bring the bacon. bail us out. that's outrage just. that folks think they can just spend money like no tomorrow and expect anybody else to bail them out. my constituents from mid michigan are saying no bailout. they need to fix the city theirselves. melissa: this is something going on all across the country. it is why we take so much interest in this. we've seen counties or cities at least going bankrupt elsewhere around the country. you see whole states. i worry
we're joined by michigan senator rick jones. thanks for joining me, senator, do yoo think if they dot latest layoffs will it satisfy the milestones the city needs in order to get more state aid? >> it is gooddstart and but not enough. we have a city council totally dysfunctional. recently mayor bing asked them to come in, they said we're on holiday. it is unbelievable. melissa: you said they think they deserve a bailout. what makes you think that they feel? >> detroit city councill3...
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this is not uniting michigan. this is dividing michigan. jeff: you lost proposition two. you lost that. the governor said that if i know why he brought this to the floor. >> the governor had signed a number of right-wing bills. teachers would not have, be able to outdo deductions. it was crazy. we see the pattern. we try to preempt that by getting proposition two. too many things on the ballot. we did not pass that. we are here to fight that. jeff: great to talk to you. the economy goes on. we will see what the impact of this is. we will give you one more look of the crowd outside the michigan capital. no violence, thus far. dagen: jeff flock, thank you very much. connell: judge andrew napolitano. the president, president obama actually hit on this yesterday. saying the state has the right to work does not mean it takes away the rights of the union. >> right. in a right to work state, what that means is you have the right to a job in the government cannot force you to join a union or if you refuse to join, take dues and give it to the union. the government and say join th
this is not uniting michigan. this is dividing michigan. jeff: you lost proposition two. you lost that. the governor said that if i know why he brought this to the floor. >> the governor had signed a number of right-wing bills. teachers would not have, be able to outdo deductions. it was crazy. we see the pattern. we try to preempt that by getting proposition two. too many things on the ballot. we did not pass that. we are here to fight that. jeff: great to talk to you. the economy goes...
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we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is taking away your rights to bargain for better wages and working conditions. david: "trying to take away your rights to bargain" is what what the bill is? >> not at all. it has nothing to do with collective bargaining. i believe in collective bargaining. this is about worker freedom, the union and workers, and this is a situation in which we're giving workers better freedom to choose than not have their dollars go to the union if they don't see value. in fact, i don't view it as anti-union, but the unions to accept up and why they add values to workers when workers see the va
we've seen images of angry protesters in michigan heating up all over michigan, but despite the push back, the house there approved a right-to-work bill that governor rick snyder prepared to sign tomorrow. the governor joining us now from lansing. i know you are busy, seen the video all day, questions on what the law and what it is not, and the president weighed in on his version and i'll play what he says and want your reaction to it. >> what we shouldn't do, i just got to say this, what...
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in michigan would lose. that number is over $46 million a year in dues. michigan, just one state. nationwide, we're not talking about public employee unions yet. let's do so, nationwide government employee unions collect, are you ready for this number? that is taxpayer money, going in the form of wages to the government class, if you will, public employees receiving and paying $14 billion in dues alone. that is what is at stake here. this is not just about money, it is not just about politics, it is about both. the right to power sought by organized labor. where does that money go? i have to tell you it goes straight to the president's party, the democratic party, during this election cycle, public system or unions and their afilliated packs gave of their millions and millions of dollars to the democrats, the demes received from those unions, think about this one. 93% went to the democratic party. 93%. notopoly that, unions made up a large part of the democratic ground both o operation on all , local, state
in michigan would lose. that number is over $46 million a year in dues. michigan, just one state. nationwide, we're not talking about public employee unions yet. let's do so, nationwide government employee unions collect, are you ready for this number? that is taxpayer money, going in the form of wages to the government class, if you will, public employees receiving and paying $14 billion in dues alone. that is what is at stake here. this is not just about money, it is not just about politics,...
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the president flew to michigan where helasted the republican-led state legislature and the republican governor fo their support of righto-work legislation. his timing could hardly have been worse that worker rights leglation will be voted on and gen final approval tomorrow and be sgned into law by govern rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues a a condition of their employment. we'll be examining tonight what's happening inichigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayer blind." llory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egan military to arrest people in the street even as he claimed to have rescinded the ctatorial powers he assumed which have spurre violent demonstrations. and a new intelligence report concludes that america's time as the lone perpower is nearing an end. former director of national intelligence jo negro panty joins us to talk about our future as a superp
the president flew to michigan where helasted the republican-led state legislature and the republican governor fo their support of righto-work legislation. his timing could hardly have been worse that worker rights leglation will be voted on and gen final approval tomorrow and be sgned into law by govern rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues a a condition of their employment. we'll be examining tonight...
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we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't
we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that...
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this is still not done in michigan. tonight, or if i told you that these guys are taking their act on the road? it's going to be a bumpy road. welcome, everybody. i am neil cavuto. unions are vowing that it is a right to work state. they are promising the law for public workers to have the option of joining a union. unions insist this doesn't give the governor a free pass to from the recall election. some are planning that in michigan. do you remember what scott walker winter in wisconsin? unions emboldened by the election, they can rightly say that they helped carry barack obama over the finish line. sometimes violently, right to work is wrong. even though they released video like this. don't think that they are not trying to do the same in other states like new jersey and new york. hold on folks, i really suspect that is the just getting started. they are not seeing this labor crunch. how big and bad business debt? we have rick ungar and dd binky. it really doesn't matter. they could still flex their muscles. what is
this is still not done in michigan. tonight, or if i told you that these guys are taking their act on the road? it's going to be a bumpy road. welcome, everybody. i am neil cavuto. unions are vowing that it is a right to work state. they are promising the law for public workers to have the option of joining a union. unions insist this doesn't give the governor a free pass to from the recall election. some are planning that in michigan. do you remember what scott walker winter in wisconsin?...
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stuart: why is michigan doing this? i am told it is because neighboring indiana became right to work and attracted a whole bunch of jobs and michigan is jealous so they want to fall in line. is that the reasoning? >> right to work has been kicked around in michigan for decades. when indiana went right to work michigan took a look at that and said right to work states have lower unemployment, bigger population growth, bigger wage growth and when you factor in cost of living they have higher wages. we have to do something to compete because our neighbor next door is doing right to work and they attract business and we want those businesses to stay here so indiana going right to work probably played a big part of lawmakers's decision to give workers freedom to choose. stuart: are we dead certain that the governor will sign it in michigan? >> the governor said he would sign it at the beginning of his administration. said it wasn't on his agenda. last week he said was. yesterday at a press conference the senate majority lead
stuart: why is michigan doing this? i am told it is because neighboring indiana became right to work and attracted a whole bunch of jobs and michigan is jealous so they want to fall in line. is that the reasoning? >> right to work has been kicked around in michigan for decades. when indiana went right to work michigan took a look at that and said right to work states have lower unemployment, bigger population growth, bigger wage growth and when you factor in cost of living they have...
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a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that a union may not force its members to contribute dues. union membership becomes voluntary. am i right? >> well i would state it slightly differently, but we end up at the same point. in a right to work state, the state does not force people to join unions. stuart: okay. >> in a nonright to work state, it is a law that you join or contribute to the unions. so if you choose not to join, your employer is required to deduct from your salary the dues for the union and remit it to the union, whether you physically join, sign up the paper
a big union fight in michigan. michigan the home of the powerful auto unions could become a right to work state. the governor is expected to sign a new law tomorrow, right to work, michigan, 24th state. unions have been protesting and bigger demonstrations are planned. listen to this: stuart: got pretty noisy. all right, all rise, judge andrew napolitano is here. judge, welcome back. >> thank you, stuart. stuart: now i think -- if a state becomes right to work, essentially that means that...
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lou: absolutely unfounded, the state of michigan,he any state diplomatic of labor in thi country, has to be the state of michigan moving in that direction, they you will, ofng south carolina and 23 i other states. this is starting to look like a serious shift historically in this country toward entire nation becoming a right to workk >> usc nine right-to-work statee gaining nine congressional seats from nine states. this is due mostly to the business climate leaving the states going to write to work state and the populations are following. you're seeing a shift overall in rit to work philosophy gaining traction. lou: creating them themselves had been envisioned, not sure to call them architects or what of obamacare.e these insurance exchanges are note happening now in 18 states plus d.c. are the only ones declaring they will set up their own exchanges under obamacare.th by my math that leaves 25 of thm government.h that is remarkable. >> leading the fight against the health care law in the supreme court able to carve out the ability for states to opt out and i amns proud w opting out
lou: absolutely unfounded, the state of michigan,he any state diplomatic of labor in thi country, has to be the state of michigan moving in that direction, they you will, ofng south carolina and 23 i other states. this is starting to look like a serious shift historically in this country toward entire nation becoming a right to workk >> usc nine right-to-work statee gaining nine congressional seats from nine states. this is due mostly to the business climate leaving the states going to...
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connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is up five days in a row. traders say that the trend continues to the upside. the dollar is lower. back to you. connell: you mentioned bad day. first, the latest from capital hill. they say we are over the fiscal cliff, unless tax rates go up. the sign will come from the fed. we will know in the next 90 minutes. former atlanta fed joins us now. how is the decision connected, do you think, to the fiscal cliff? >> it has to do with balancing risks. they do not want to risk the recovery that we have underway already, even though it is slow. i expect t
connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is...
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the michigan legislature voted in favor of two right to work bills giving employees and unionized shops the right to refuse to pay union dues. governor reich snyder expected to sign tomorrow even though thousands of people continue to protest outside the michigan state capitol building in lancing. it covers shops, but exempts police and firefighter unions. stub hub strikes out with major league baseball clubs and three are droppling them, yankees, chicago cub, and l.a. angels of anaheim no longer sell tickets on the website although major league baseball extended the partnership with stubhub through 2017. we continue the count down to the closing bell with the original bond girl who said, "diamonds are forever." liz claman? liz: one retailer down in the dumps, but it's shown signs of life. let's get to nicole's on the floor of the new york stock exchange. our diamond girl there. >> hey, thanks. jc penney under pressure with the idea that pronotions, sales, and coupons are not the way, but just great prices all the time. what happened? people didn't go there. people like promotions. he's
the michigan legislature voted in favor of two right to work bills giving employees and unionized shops the right to refuse to pay union dues. governor reich snyder expected to sign tomorrow even though thousands of people continue to protest outside the michigan state capitol building in lancing. it covers shops, but exempts police and firefighter unions. stub hub strikes out with major league baseball clubs and three are droppling them, yankees, chicago cub, and l.a. angels of anaheim no...
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ford spending money and creating jobs in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's in michigan, a right to work state. very interesting. nicole, thank you very much. time is money, 30 seconds. here is what else we're watching for you this thursday morning. amazing medical break through could help a lot of people next year. dr. siegle will be here and he'll show it to us. who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked. young people are picking up the bill, but they he voted for it. we're looking at the biggest winners and losers in the s&p 500. let's start with three
ford spending money and creating jobs in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's...
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targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >> as the unions work for wages if you're not a member you benefit even though you don't pay the dues. this is about killing the few remaining strong unions that built the middle-class. neil: and what do you think this new benefit with the union does? >> that is how they one negative. they want the privilege to represent every worker they protect the monopoly privilege then say somehow workers that never our store voter wanted union are forced to pay the fee to keep a job. >> should they be held to the standard? has nothing to do with the unions they will discover what of lower nominal increase they see that afforded the pri
targeting as an interesting time passage of right to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >>...
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also labor issues not only making headlines in michigan, but broadway theaters may go dark thanks to a looming strike. we will have the details on that coming up next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike mt copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: breaking news that secretary john boehner is returning
also labor issues not only making headlines in michigan, but broadway theaters may go dark thanks to a looming strike. we will have the details on that coming up next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike mt copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all...
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ohio, wisconsin, and you can mention individual states that have done well in getting -- >> indiana, michigan. david: that stands in stark contrast to what's happening inside the beltway. even one of your own, harkin, the united states senator from the great state of iowa said it's better to go off the fiscal cliff than not to have a rise in tax rates, and he said, quooe, "no deal is better than a bad deal," and a bad deal for him is not letting tax rates go up. what do you think of that? he's one of your own. >> well, unfortunately, we've got too much partisanship in washington, d.c.. the american people want the leaders, both the president and the congress to come together, make the tough decisions. it's going to take both. it's going to take the revenue, but it's also going to take fundamental reform of spending. you cannot spend a billion dollars more than you take in every year or there's fiscal ruin, and with the amount of baby boomers retiring over the next several years, they are going to have to deal with things like medicare, medicaid, and social security if we're going to resolve t
ohio, wisconsin, and you can mention individual states that have done well in getting -- >> indiana, michigan. david: that stands in stark contrast to what's happening inside the beltway. even one of your own, harkin, the united states senator from the great state of iowa said it's better to go off the fiscal cliff than not to have a rise in tax rates, and he said, quooe, "no deal is better than a bad deal," and a bad deal for him is not letting tax rates go up. what do you...
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Dec 27, 2012
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planning to invest $770 million on new equipment and capacity, 6 manufacturing facilities in southeast michigan, the automaker says it is part of a commitment of $6 billion in plants nationwide by 2015. nokia selling its lineup of smart phone that discounted post holiday prices. wall street journal reports it is betting on the success of its new phones to soften the blow following a string of financial, and amazon.com is the place to go for online shopping, according to a new survey the company which measures customer satisfaction says amazon took the top spot thanks in part to its wide variety of merchandise and user-friendly title. that is the latest from the fox business network giving you the power to prosper. tracy: stocks in the red after harry reid says it looks like we are flying over the fiscal cliff. the budget crisis is trickling down to consumers. confidence level fell to a four month low, to get its act together. the chief market strategist, the market hasn't forced governments to get back together yet. you believe it is going to next couple days? >> it will be a pretty typical deb
planning to invest $770 million on new equipment and capacity, 6 manufacturing facilities in southeast michigan, the automaker says it is part of a commitment of $6 billion in plants nationwide by 2015. nokia selling its lineup of smart phone that discounted post holiday prices. wall street journal reports it is betting on the success of its new phones to soften the blow following a string of financial, and amazon.com is the place to go for online shopping, according to a new survey the company...
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Dec 10, 2012
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david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks ar
david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if...
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Dec 14, 2012
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michigan passed laws making the right to work state. the unions furious, huge protests, someone punched fox news contributor stephen prouder. you can see it. undeniable visible evidence of that guy punching him in the face. they also destroyed kents, private property, will these suggs be charged criminally? joining us now is criminal defense lawyer arthur addala. >> i don't know why that would not be charged. of that happened in new york we would have on video tape and that is a prosecutor's dream come true. stuart: who would have to press charges? steven or the authorities? >> the authorities. steven has to make -- he has to tell somebody in law enforcement i didn't authorize him to punch me in the face. it could be a stunt, i wanted him to punch me in the face. 0.001% of the time that happens. the other 99% of the time it is an assault. that would be assault in the third degree, misdemeanor assault the punishable by a year in jail. usually you don't go to jail for things like that but still get prosecuted, spend the night in jail and
michigan passed laws making the right to work state. the unions furious, huge protests, someone punched fox news contributor stephen prouder. you can see it. undeniable visible evidence of that guy punching him in the face. they also destroyed kents, private property, will these suggs be charged criminally? joining us now is criminal defense lawyer arthur addala. >> i don't know why that would not be charged. of that happened in new york we would have on video tape and that is a...
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there is thh message from the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickl try fast, long lasting gaviscon®. ashley: the department of justice antitrust division breaking records this year. rich edson has the exclusive details. rich: the most in the 122 year history. nearly 50% increase over 2011. this data provided exclusively to fox business. it was confirmed by the justice department. or then a half billion dollars to auto department and executives. those and several other small the antitrust division says the ongoing investigation into other auto department companies could set up
there is thh message from the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block...
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michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number expernce. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperate-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the supportouour body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of r 400 sleep number stores nationwi. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. dennis: aig, four years
michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number expernce. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperate-balancing bedding. dual...
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Dec 13, 2012
12/12
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jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff levels, but plans in place to do all that. we don't think we need to. >> what does your internal planning say if you go over? >> we take a look at different car lines by segment and look at where the strike is a and look t the pent-up demand. >> this is a huge vehicle for gm, the best-selling of all gm vehicles. a quick look at what they unveil look like, a really exciting unveil. harkening back the old old days where they blew things up and crash cars through things. a big unveiling for g gm. good luck to them, they will need it. ashley: love the fireworks. jeff flock, thank you very much. tracy: talks in washing
jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff levels,...